"The purpose of the Alabama Launchpad Governor's Business Plan Competition is to promote and reward marketable, high-growth, innovative ventures that have the potential to grow rapidly, transform an industy, attract future funding, and add to the diversity of Alabama's economy. The competition is for new, independent ventures in the seed, start-up or early growth stages, or for the expansion of an existing business into a new high-growth market.
On an annual basis, Alabama Launchpad will seed three winning companies with cash and in-kind services:
1st Place = $100,000 cash plus in-kind services
2nd Place = $50,000 cash plus in-kind services
3rd Place = $25,000 cash plus in-kind services"
Interested parties may see eligibility and rules here, and may register here.